OPNewsletter : Last trade of June’07 closed for +28.7%

The last trade of June’07 income portfolio is closed for 28.7% profit. This was OIH income mini-portfolio. With this trade, overall gains for the June portfolio are +33.6%. These are good returns as I target only for 5-7% monthly returns, so I shall consider this as something which may not be repeatable.

4 July trades are opened already. 3 out of 4 are making money and I shall update tomorrow after June expiration. From next monday, we shall see acceleration in the theta (i.e. decay) which will further enhance the results of July portfolio.

Today is full of opportunities, Stay tuned.

Profitable trading, OptionPundit


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